photos

Rich

In this file photo,owner of Kingfisher Airlines Vijay Mallya gets into his car outside the Parliament in New Delhi,

AP Photo/Saurabh Das, file

Forbes Top 10 Richest Indians.

PTI Graphics

In this file photo, Srichand Hinduja arrives for the private viewing of the exhibition "Grace Kelly: Style Icon", at the Victoria & Albert Museum in London. A new study of the super-rich finds that London has become the capital of the world's wealthiest, with more billionaires than any other city in the world. Indian-born brothers Srichand and Gopichand Hinduja top the list, with a 11.9-billion pound fortune. The two run the Hinduja Group conglomerate.

AP/PTI

Prince Charles with London-based Indian billionaire couple Cyrus and Priya Vandrevala at Buckingham Palace in London.

PTI Photo

Mukesh Ambani has retained his position as the world's richest Indian for the fifth year in a row, although his networth declined by USD 1.6 billion to USD 21 billion but remained well above that of the second-ranked Lakshmi Mittal.

PTI Photo/ Vijay Kumar Joshi

Rajesh Saluja, CEO & Managing Director, ASK Wealth Advisors Minimum ticket size Rs 5 crore for individuals, Rs 50 crore for Family Office
Assets under advisory Rs 5,750 crore
Asset mix in 2010 45 Equity, 45 Debt, 10 Alternative assets
Asset mix in 2011 40 Equity, 45 Debt, 15 Alternative assets  Outlook 2012 Favoured sectors Financials, infra (excluding power), pharma and FMCG
Sectors to avoid Real estate, telecom and commodities
Top 3 equity funds Franklin India Blue Chip, UTI Opportunities Fund and Prudential ICICI Dynamic
Top 3 debt funds Birla Sun Life Dynamic Bond, IDFC Medium Term Plan and HDFC High Interest Fund 
Expected return Equity: 15-18% Debt: 10-12% pre-tax based on combination of liquid and high yield Gold (in Mterms): 10-11%

Soumik Kar

Abhay Aima, Head, Private Banking, HDFC Bank Minimum ticket size Investible surplus of Rs 75 lakh to Rs 1 crore
Assets under advisory Rs 10,000 crore in equity mutual funds and Rs 20,000 crore in direct equity advisory
Asset mix in 2010 60 Equity, 40 Debt 
Asset mix in 2011 40 Equity, 60 Debt  Outlook 2012 Favoured sectors Infra and banking
Sectors to avoid Real estate
Top 3 equity funds ICICI Prudential Focused Bluechip, Birla Sun Life Dividend Yield plus Growth and HDFC Mid-cap Opportunities
Top 3 debt funds Birla Sun Life Income Plus, Birla Sun Life G Sec and DWS Short maturity
Expected return Equity: 15-18%, Debt: 9-11%, Gold (in Mterms): Flat to Negative

Soumik Kar

Mohit Batra, Chief Executive Officer, Alchemy Private Wealth
Minimum ticket size Rs 1 crore
Assets under advisory Rs 2,200 crore
Asset mix in 2010 70 Equity, 30 Debt
Asset mix in 2011 50 Equity, 50 Debt Outlook 2012 Favoured sectors Banks, FMCG, pharma
Sectors to avoid PSU, commodities, infra
Top 3 equity funds Fidelity Equity Fund, Mirae India Equity Opportunities Fund, DSPBR Small and Mid Cap Fund
Top 3 debt funds Pramerica Short Term Fund, SBI Dynamic Bond Fund and UTI GILT Advantage Fund
Expected return Equity: 10-12%, Debt: 8-9%, Gold (in Mterms): 10-15%

Soumik Kar

Jaideep Hansraj, Head, Kotak Wealth Management Minimum ticket size Rs 5 crore
Assets under advisory Rs 18,000 crore*
Asset mix in 2010 45 Equity, 40 Debt, 15 Real estate fund
Asset mix in 2011 41 Equity, 47 Debt , 12 Real estate fund  Outlook 2012 Favoured sectors Auto, private banks, telecom and media
Sectors to avoid Metals, capital goods, cement and power
Top 3 equity funds ICICI Prudential Focused Bluechip, Franklin India Bluechip and Fidelity Equity
Top 3 debt funds ING Optimix Active Debt Multi Manager FoF, IDFC SSIF–Medium Term, Templeton India Short Term Income Plan
Expected return Equity: -13% to 19%, Debt: 9-12%, Gold (in M terms): 15-18%

*News reports, estimates

Soumik Kar

Pradeep Dokania, Head, Wealth Management, DSP Merrill Lynch
Minimum ticket size Rs 5 crore 
Assets under advisory Rs 20,000 crore
Asset mix in 2010 75 Equity, 18 Debt, 7 Cash
Asset mix in 2011 68 Equity, 22 Debt, 10 Cash  Outlook 2012 Favoured sectors Pharma and auto
Sectors to avoid Real estate, construction and engineering
Top 3 equity funds Birla Sun Life Frontline, ICICI Prudential Focused Bluechip and IDFC Premier Equity
Top 3 debt funds Birla Dynamic, HDFC Short Term and HDFC High Interest Short Term
Expected return Equity: -7% to 21%, Debt: 8-10%, Gold (in M terms): 17-20%

Soumik Kar

Name Priyadarshini Kanodia
Company Datamatics
Networth (Rs cr) Undisclosed
Asset allocation in % Equities 30, Debt 70
Looking at… Short-term maturity debt funds

Sanjit Kundu

Name JP Thaparia
Company Famy Care
Networth (Rs cr) 1,000
Asset allocation in % Equities 25, Debt 50, Real estate 25
Looking at… Land tracts, entering education/healthcare segment

Soumik Kar

Name MN Kapasi
Company Excel Home Video
Networth (Rs cr) 100
Asset allocation in % Equities 20, Real estate 75, Gold (via ETFs) 5 
Looking at… Commercial properties, investing in business

Soumik Kar

Name Sandeep & Tanya Goyal
Company Mogae Consultants
Networth (Rs cr) Undisclosed
Asset allocation in % Equities 30, Debt 70
Looking at… Commercial real estate

Soumik Kar

Name Suyog Machhar
Company Machhar Packaging
Networth (Rs cr) Undisclosed
Asset allocation in %Equities 15,. Debt 15, Real estate 50, Primary business 20
Looking at… Developing/buying real estate

Soumik Kar

Name Venugopal Dhoot
Company Videocon group
Networth (Rs cr) 13,000
Asset allocation in % Equities 60, Debt 40
Looking at… Infra stocks

Soumik Kar

Name Vinay Agarwal
Company Creative Plastic
Networth (Rs cr) 1,000
Asset allocation in % Equities 20, Debt 30, Real estate 50
Looking at… SME-focused PE

Soumik Kar

Name Ajit Singh & Jasjit Singh
Company ACG Worldwide
Networth (Rs cr) 1,000
Asset Allocation In % Equities 20, Debt 80
Looking at… CDs, investing in business

Soumik Kar

Milind Kamble The CMD of the Fortune Construction Company in Pune hopes to see a Dalit make it to the Fortune magazine’s list of billionaires someday. Seen here with his wife and daughter.

Dinesh Parab